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Sep 5, 2012 3:00am EDT
day now. let's take the three big bad/good battlegrounds. china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single-handedly kept the global economy afloat during the global recession as the chinese communists figured out how to spur domestic spending. but after playing the role of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, much of the slowdown in china seems somewhat self-inflicted. when the purists realized it overstimulated the economy, governments hit the brakes and in many ways still seems like it's happening. the hope is that the chinese will stop stepping on the brake pedal but start cutting rates, adding real ago taken to the downshift in their economy. how about europe? the european central bank meeting this week and we're expecting to hear some chatter in unison that's going to reverse the declining economies over there and maybe unite to save the spanish ba
Sep 5, 2012 10:00am PDT
here in the united states of america. >> the problem with saying that these are good jobs is the facts don't seem to support it. some of of the jobs were temporary and paid for by the stimulus or perhaps census work or that sort of thing. so they did not last. and some of the jobs are not worth the jobs that we lost. a variety of studies say we lost more middle to upper income jobs an gained more lower level jobs. the simple truth is that the numbers may be technically correct in some of the claims, but when you look at all of the details, there is an awful lot more that needs to be seen. this is tom foreman, charlotte. >>> the b.t. founder bob johnson was not a fn of president obama four years ago, so what has actually changed? we will talk to him live in a moment. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ ♪ ♪ ♪ there's another way to help
Sep 5, 2012 9:00am EDT
of the market. it is in the hands of the eflt cb not the hands of united states. >> we should point out tomorrow we will get some sort of plan or are expecting to from the ecb perhaps some details about a bond buying plan of some kind that we're hearing some things about today. the market may be disappointed in that these reports seem to indicate they'd be targeting three years and less in terms of maturity. that they would not have a yield target perhaps, say we're not going to let it go above 7%, and that it would be sterilized purchases. there are some who believe, hey, you need to actually increase the money supply. really if you're going to get things moving in europe but of course the germans are always concerned about inflation and sterilization which basically means they'll try and take in as much in deposits as they buy in bonds. sort of keeping -- >> somebody tweeted this morning fed bernanke needs to show them how you really print money. and, jim, one other facet of this report is that the head of the bach the german still remains the one lone hold out to this bond buying policy meani
FOX Business
Sep 5, 2012 1:00pm EDT
in business and financial debt in the future. it will sink our economies, all of us, europe, united states, everybody. lori: harry dent, many thanks for your time and analysis. your forecasting is always great. melissa, chorus is growing louder of private debt bubbles. he makes a great point. melissa: he really does. when comes to gold competitiveness the u.s. is failing again. up next find out where we rank and why the drop and we'll get the take from lou dobbs on all of it. lori: i mentioned in the shot that european yields are coming down. here in the u.s. they're unchanged. we saw buying earlier on some weaker, if you will, economic news. the productivity was sky-high but of course wage growth was muted that is a huge disappointment. our bosses are squeezing everything they can out of us. back with more after this. lori: you're going to get in hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> i'm cher
Sep 4, 2012 6:30pm PDT
the united states. if you look around the world, the world economy has been hurtings for two years plus, so i think we've got a long way to go, and we ought to be doing things to get the growth rate higher. but the question of would you rather be living in january, 2009, when the economic team incoming, you're about to be in the great depression, you better figure out what you're going to do once the depression has started that was a black hole that we did not go into. >> president gave himself an incomplete. you were in the white house during the financial and the health care debate. and the debate on whether to raise the debt ceiling. you pointed out more needs to be done. >> i would say in the immediate term, we have to put focus on getting the growth rate up, and getting the growth rate going. it should be on private sector growth, and focus on experts and the focus on trying to focus on getting people to stay in their houses and the equivalent tax cut, and then deficit reduction. >> it's debateable what we'll here hear in the next three nights, did the president fail in housing? should m
Sep 5, 2012 4:00am EDT
as well as in the united states. >> markets saying these figures point to eurozone contraction of 0.5% in qe. what's your outlook? >> it's in line with our numbers. we think for the full year the eurozone contracts at 0.4% rate, so not far off what you suggested and that seems to be consistent with the underlying data coming in. no real revisions just yet but we'll watch and wait. >> what about 2013, is that a year -- 2012 we see europe broadly contracting. what about 2013? >> a lot hinges on the global environment. hinges on whether the u.s. can slowly grow and maybe grow a bit faster. whether china can begin to pick up steam. external stories can be critical for europe. >> larry will stay with us. let's check in and check out market reaction. >> one hour into european trading session. 73 declining outpacers. ftse 100 down 1.5% yesterday. down 0.5%. dragged yesterday by u.s. disappointing. the xet ra dax down 0.3%. ibex down after a good rise in july. keep your eye on bond rates. yesterday we had a nice rally in spain on two-year. ten-year, 6.62%. that's slightly higher on the sess
Sep 5, 2012 6:00am PDT
you can raise a family on, good jobs right here in the united states of america. >> the problem with saying that these are good jobs is the facts just don't seem to support it. some of the jobs are temporary paid for by the stimulus or perhaps census work, that sort of thing, so they didn't really last. and some jobs weren't worth the jobs we lost. we lost middle and upper income jobs and we've gained more lower income jobs. while the numbers may be technically correct in some of these claims, when you look at all the details, there's an awful lot more that needs to be seen. this is tom foreman, charlotte. >>> prime time continues at 7:00 with wolf blitzer and anderson cooper. >>> embarrassed and concerned? that's what the commander of the navy s.e.a.l.s wrote to troops after release of the book "no easy day." the book wrote by former navy s.e.a.l. has classic information about the osama bin laden raid and s.e.a.l. training. the book is already a hit, outselling "50 shades of grey." the part of the controversy is the s.e.a.l. is even writing about his work. they're normally very
Sep 5, 2012 5:00am PDT
disputes close to china. clinton met with the president today the united states wants china to start backing regime of syrian president. the secretary tried to press china to peacefully resolve disputes with its smaller neighbors over energy-rich islands in the south china sea. >>> big yak down on line lenders who offer -- big crackdown on online lenders many advertise they can get up to $1,000 into your account in as little as one hour. >> the ones that are unlicensed are offering loans in excess of the caps, with interest rates in excess of the caps. the other thing is some of them are being very unscrupulous in collection practices to try to get payment on those loans. >> many of these companies are operating out of state or offshore. the department of corporations warns consumers to be wary of payday lenders who charge triple digit interest rates. >>> facebook says mark stuckerberg will not sell stock for the next 12 months. the company lobbying back shares to reassure investors. facebook stock has been a d ud since its -- public offering, yesterday new record low. drop of over 5
Sep 4, 2012 5:00pm PDT
husband to become president of the united states. >>pam: in order for democrats to move for, what are they going to have to do? >> mitt romney has solidified his base, it is all about the undecided middle. this is answering the question the republicans have placed squarely in from americans, are you better off. democrats have the answer, are we better off? >> there is a lot of diversity in the audience. >> this election is about turning out the base. democrats have to get fired up and get people out there. >>pam: you'd want uninterrupted commercial free coverage of the democratic national convention on our new news channel, comcast 193. >>jaqueline: we have some changes in the weather as we move into tomorrow. the remnants of tropical cyclone john moving of the coast in bringing has increased chances of thunderstorms. into thursday the cloudiness remains. friday we're back to our to the kobe area pattern of morning fog and afternoon sunshine and temperatures in the '70s and '80s. future tests showing of cloud and is increasing to the afternoon. by 6:00 p.m., the north it will
Sep 5, 2012 5:00am EDT
, just because you bank against the united states of the america, doesn't mean the rest of us are willing to sell her out. >> many people believe o'malley is considering a run for president four years from now. virginia governor bb mcdonnell will also be in charlotte today. he is expected to campaign today and tomorrow near the convention site. mcdonnell is one of the mitt romney's active surrogates. o'malley spent last week in tampa during the republican national convention. vice president biden was supposed to be there but canceled because of hurricane isaac. >>> 5:35. paul ryan spending this week stumping for votes in battleground states. the republican vice presidential nominee campaigned yesterday in ohio and iowa. he accused president obama of breaking his prime minister misto improve the economy. mitt romney keeping a low profile this week in new england prepare for his upcoming debates the w. the president. jim vance and tom sherwood is in shar loot this week bringing you live reports today and tomorrow evening right here on news4. >>> a public memorial service will be held for ne
Sep 5, 2012 6:00am EDT
by examining 113 indicators from official data sources and polling 15,000 executives. united states continued a four-year slide to the seventh spot. separately, a judge ruling amr can abandon its pilot's union contract. saying the bankrupt parent of american airlines corrected certain issues that caused him to reject the same request in the past. amr is trying to save more than $1 billion a year in labor costs. it can unilaterally impose work terms on its pilot, all is happening as talks between amr and u.s. air continue. >>> in the meantime, a very complicated story. we've been trying to follow the twists and turns. the fbi now says there is no evidence to support claims that hacking group anonymous infiltrated an fbi agent's laptop and lifted data for more than 12 million apple products. however the front page of "the financial times" lays it out and says hackers embarrass apple with this data release. there were over a million different devices, numbers were published online. this is a story that has many odd twists. the hackers said they would not give any interviews about this breach unt
Sep 5, 2012 2:00am PDT
of the united states of america is quite a moment. >> yeah, it's never going to happen. but i do grant you florida would be pretty hard. >> you can get to know the castro brothers a little brother. they'll be joining soledad o'brien live on "starting point" at 8:10 eastern time. let's go back to zoraida in new york. >> we are talking football. the nfl kicks off tonight. the first nfl game played on a wednesday since 1948 and that is to avoid interfering with president obama's convention address on thursday night. some important members of the game will not be on the field. the nfl is locking out its referees because of a labor dispute. replacement refes are making the calls but will this put the players at risk. maggie gray joins us to tell us what this means for the upcoming season. i want to start off with an overview of where we are. >> right now both sides are away from the negotiating table. the last time they met was on friday and there was no resolution on the table that both sides could agree upon. the replacement refs will be taking the field tonight and for the season as we can t
Sep 5, 2012 7:00am EDT
in the united states or elsewhere. >> i'm not resisting. >> the video appears to show dorm being hit in the head when the flash of the gun goes off. he spent nearly four months in jail as a result of the incident. taylor was indicted last month for allegedly lying about what happened. >>> first lady michelle obama wowed the crowd as one of the primetime speakers of day one at the democratic national convention. tonight, former president bill clinton will waive his magic wand. nicole collins is live in charlotte with all of the details. nicole, tell us about that? >> reporter: left night, first lady michelle obama was well- received here and added a personal touch that the obama campaign wanted her to. she defended some of her husband's policies like his health care law and he didn't put it off for another president to deal with and he took it and ran with it and got it done and had some personal fors to tell about the time when they dated, when the president came up from nothing essentially and built himself up. tried to pitch him as that type of man and she was well- received here and we look f
Search Results 0 to 17 of about 18 (some duplicates have been removed)